Created: May 09, 2007
Updated: Aug 05, 2008
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Sustainable Economics

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Type: Multimedia (Podcast, Audio Stream, Video Etc.)
Website: http://www.bigpicture.tv/video...
Author: Helena Norberg-Hodge
Publisher: www.bigpicture.tv
Date published: Sun, Sep 01, 2002
Keywords: Globalization, GDP, Economic Growth, Poverty

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Med_helena_norberg_hodge_bwIn this insightful 6-minute video, Helena Norberg-Hodge talks about Globalization issues. She explains how governments across the political spectrum pander to private sector demands, often at the expense of smaller businesses. Deregulation and subsidies mean that "big business" is driving farmers and other small enterprises into bankruptcy. Many small businesses are forced to merge in order to survive. This, she says, creates a stress-ridden corporate culture based on survival of the biggest. What is needed, Norberg-Hodge suggests, is greater awareness that a sustainable economy ultimately depends on the health of the world's natural and social environment. She notes that this is already happening as diverse interest groups link up to challenge the status quo.

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